1623 KINOOLE St Lot #: 16-AHilo, HI 96720

Great development project: Multi-unit zoning in walking distance to the University!<br><br>Located directly off of Kinoole Street between the popular Puainako Town Center and the University of Hawaii at Hilo, this 42,660 square foot property has an approved future use for up to 14 dwelling units (if built after 2022) and an approved current use of up to 10 dwelling units. Or, explore the various subdivision possibilities.<br><br>Fairly level topography and a roughly square parcel shape make this lot builder-friendly. Kinoole Street provides direct access to Downtown Hilo just a few minutes to the North.<br><br>The fastest growing part of the state, East Hawaii suffers from a chronic shortage of long term rental units - more so in the town's core, ensuring good future cash flow for housing developments.